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team coverage tonight. jim angle has a fact check on last night's most heated issue, tax policy. ed henry has the obama campaign reaction. and we begin with carl cameron on the first debate. good evening, carl. >> hi, brett. the romney campaign could hardly be more excited about what happened last night. in fact, since the debate ended, they say they've been getting two donations per second as a measure of mitt romney's success the morning after is general election debate debut against the president, mitt romney made a surprise appearance to a thrilled and leaved audience of conservatives. >> last night i thought was a great opportunity for the american people to see two very different visions for the country. >> he reiterated a new attack. >> trickle down government that the president proposes is one where he will raise taxes on small business, which will kill jobs. i instead want to keep taxes down on small business so we can create jobs. >> romney awoke to rave reviews across the country and democrats admit he delivered. >> virtually everything you said about my tax plan is inacc
you're in the position to buy your business, you needed a tax cut then. i want to make sure the plumber, said the nurse, the firefighter, it the teacher, the young entrepreneur who does not have money, i want to give them a tax break now. not only did 98% of small businesses like less than to under $50,000. i also want to give them additional tax breaks because they are the drivers of the economy. >> we need to spread the wealth around. in other words, we're going to take joseph money, give it to signature obama and let him spread the wealth around. the whole premise behind the plans are class warfare, but spread the wealth around. i want small businesses that would receive an increase in their taxes. why would you want to increase anybody's taxes right now? these people are going to create jobs unless you take that money for him and spread the wealth around. i am not going to do that. >> number one, i want to cut taxes for 90 5% of americans. it is sure my friend and supporter warren buffett could afford to pay a low tax. in order to give taxes. then exxon mobil which made
detailing massive waste of tax payer money leading to the resignation of a top veteran's affair official. stepping down after the inspector general report revealing last year costs $6.1 million. >>> some of you i know are wondering what someone like me is doing in a place like this talking to people like you. what i don't know -- >> this spoof of the movie patton was produced just for that event. it had a price tag of 50,000 dollars. in addition the conference org nierzs gave themselves 43,000 in bonuses. an amtrak train derails after it collides with a tractor trailer. 20 people were hurt. the train was headed from oakland to bakers field that's when the truck through right through the gate. passengers were tossed around including a new born baby. >> the seat in front of us was ripped out and fell on top of him. i had to lift the seat up and i found him in his car seat. >>> a thank goodness none of those were life threatening. crews hope to have it up and running soon. >> 8 planes were pulled out of commission to inspect them. the plane forced to turn around and then return back to new
. but here's what mitt's been promising for the last two years. tax cuts for the wealthiest americans. how do you make that seem warm and fuzzy? well you just need to shake it up as hard as mitt did last night. so, let's give it a shot. okay. here we go. >> a little magic there. good day. i'm andrea mitchell live in washington today. the white house got some welcome news. a september jobs report with the unemployment number now down to 7.8%, the lowest rate since the president took office, first time below 8%. joining me for the daily fix, chris cizilla, msnbc contributor and managing editor of post-politics.com. the president out on the stump trying to make the best of it, these numbers can bounce around. we'll drill down on the economic facts and figures in a moment, but basically this is a good news. >> yeah. look, good news from the country in that the unemployment rate went down and i would say good news politically for president obama because now the talking point that republicans have used effectively for quite some time to say, you know, 42 straight months of an unemployment over 8%,
-end, point, where a number of provisions need to be dealt with. it is a massive combination of taxes and spending. we have the george w. bush era tax cuts that were extended two years ago and now expire at the end of the year. these are tax cuts that lower tax rates,hat impact americans all across the income scale. you have tax breaks on higher income, lower income that would shift if congress fails to act. there are middle-class tax breaks that are part of that. congress does not do anything, almost everyone's taxes would go off. there is a sizeable package of spending cuts to the federal government, 100 billion for the next fiscal year that would hit several departments evenly across the pentagon and domestic agencies. these spending cuts were the product of white listeners would remember as the debt ceiling negotiations -- of what listeners would remember as the debt ceiling debate where leaders could not get the debt load under control and they essentially said all right, since we fail to come up with a plan to a month next year we will automatically trigger these -- to come up w
worse economic news again. we saw that corporate tax has dropped by about a third from precrisis levels, basically small businesses are just not growing in this environment and big businesses are chasing profits abroad. so the government is just not getting the tax take on that front. in the asset classes, you can see some of the levels not that good at the moment. bundes still attracting a lot of attention. we've been waiting on spain to fishlgly l-- officially ask fo that aid. nonetheless, we're not seeing too much pressure on the periphery, 5.75%. let me send it back to you. >> thank you very much. the first presidential debate. john harwood is on the ground in denver. he joins us with the latest nbc news "wall street journal" poll. it looks like things are starting to even out at least a little. is this the bounce that president obama got after the democratic convention coming back down? >> well, i think it's the bounce from the convention and the surge that he got on top of the convention with that 47% video, so there is some good news for romney. not only our national poll, but a
another $5 trillion on tax cuts for the wealthiest americans, if we get rid of regulations on wall street, then all our problems will be solved and jobs and prosperity will trickle down on all of you, debts will disappear, we will live happily ever after. there is only one problem with that. we tried that in the ticket before i became president. it didn't work. top down economics never works. we don't need to double down on the same trickle-down policies that got us into this mess in the first place. we don't need policies that just help folks at the very top. that is not how the country grows. that is not how we succeed. we succeed when at the middle class gets a bigger, when more people have a chance to get ahead and live up to their god- given potential. far when we very have leaders who write off half the nation as a bunch of the victims who don't take responsibility for their lives. let me tell you, i have been to nevada in line. you guys may get tired of me. but as i travel around the state, i don't see a lot of the victims. i see a lot of hard-working nevadans. [applause] i see stu
on c-span2, a look at what happens to individual taxes if the bush era tax cuts expire. former congressional budget office director douglas holtz-eakin and other economists look at the issue. our live coverage from the urban institute here in washington, d.c. starts at noon eastern. >> every generation through our history has worked and sacrificed to leave a better country to their children and grandchildren and future generations. we, we were then spending their money, we are now even more, much more, spending their money, and we are leaving them a mess that will be a very difficult to deal with, and if we are that weak, just think of who wants to come here first and take us over. now, the last thing i ever want to see is to see our country taken over because we're so financially weak we can't do anything. >> uh-huh. >> and we're moving in that direction. we're on the edge of the cliff, and we have got to start fixing it now, otherwise we're leaving a disaster to our children and grandchildren in the future, and we could even lose our country. >> ross perot, interviewed by "us
to not pay federal taxes part of the 47%. oh irony thy bitter pill. mitt romney is leading among the 47% he derided in ohio. really, what can he do? what can governor romney do at this point in the campaign to turn it around? can he be funny? should he get an earring? get his hair done? what could he possibly do to try to change his fortune? i want to know what the bill press listeners think. we're at 1-866-55-press. is there any way mitt romney can win this or is he really in the lead and as dick morris and sean hannity have said, all of the polls are lying and all of the polls are fraud because it is such a liberal media. so we want to know what you think. give us a buzz at 1-866-55-press. and let's have a listen, if we can to a very fascinating piece of audio. mitt romney's garbage man who i presume, isn't part of the 47% but he's a hard working american citizen. i would imagine he's union. i would hope he is. and they tracked down one of mitt romney's sanitation workers. let's give a listen to this audio.
entitlement that they didn't pay for. and then they added a $1 trillion tax cut for the very wealthy on top of that. now, they -- those are the facts. the end result of all that was by the time we were elected they had in eight years doubled the national debt, that clock, doubled it and in addition to that they had the slowest job, private job growth since world war ii under this policy. and by the time the president sat down behind that famous desk the resolute in noble office within a week of sitting down our economists told us mr. president you're going to have to deal with a $1 trillion debt this year because there's nothing you can do about it. the budget was passed back october. and so ladies and gentlemen so much for their credibility on the debt, but what did it produce for us? it produced the great recession all these things they did in doubling national debt and these massive tax cuts that absolutely eviscerated the middle class. they say we urgently want to deal with it now. basically i think my opponent says something like, you know, i don't know, he said something about he was
to former house speaker nancy pelosi. >> who will raise taxes on the middle class? barack obama and the liberals already have. >> reporter: fresh ammunition for tomorrow night's debate at an event earlier today in charlotte, north carolina, wolf, biden said how can the romney campaign justify raising taxes on the middle class that has been buried -- in his words, buried, the last four years. paul ryan at a campaign event in iowa just a few moments ago seized on those comments and said vice president biden said that the middle class has been buried. we agree. he goes onto say that means we need to stop digging by electing mitt romney the next president of the united states, wolf. i have a strg sense this will be brought up at tomorrow night's debate, wolf. >> we'll have a lot more on what joe biden has just said and the very tough reaction coming in from the romney campaign. gloria borger is standing by on that front. both of these campaigns are bringing major surrogates to denver to appear in the so-called spin room after the debate tomorrow night. what are you learning about th
session is what to do about the fiscal cliff, this whammy, this triple whammy of tax hikes and defense cuts and social program cuts that are scheduled to take effect the first of the year. i talked to one democratic congressman, a leader last night, i ran into him at an event in suburban washington. he said, don't look for congress to do anything substantiative in that lame duck, however, they might push that deadline back, work out some kind of deal, push it back six months, and get some serious negotiations on what to do about that fiscal cliff, some time in the springtime. >> mike viqueira, thank you. >>> the spin machine is in full effect over those jobs numbers. first, president obama used his weekly address to tout that drop in unemployment numbers to 7.8. >> more americans are entering the workforce, more americans are getting jobs. >> but mitt romney on his weekly podcast this morning argued that it is just more proof that obama's policies had failed. >> we created fewer jobs in september than in august, and fewer jobs in august than in july. and we've lost over 600,000 manufac
's not the problem. the problem is that the math does not add up. if you give a 20% tax cult cut across the board and they will take away home mortgage deductions from the middle class that adds up to trillions of dollars in deficit why? because the giant tax cut for the rich. that's why he doesn't want get into the math, and that's why romney will have a tough time at the debates. facts are not on their side. obama has boxed them in on so many issues, highways been right wing. they can't criticize him from the progressive so they have to go further right. >> it is hard to understand why speaker boehner would walk away from this kind of deal. >> this used to be a republican idea by the way the individual mandate. it's like they have amnesia. >> i will close guantanamo. >> i believe we need to look forward as opposeed to looking backwards. >> n.a.t.o. will maintain an enduring commitment. >> we then offer additional $650 billion in cuts to entitlement programs. >> this is a targeted focused effort at people who are on a list. >> there are a lot of republican who is are puzzled as to why it couldn'
trillion in cut and tax cut for millionaire and billionaires. >> the obama camp has been using a study by princeton economist harvey rosen to back up that romney's plan is paid for by tax cut on middle class but there was pushback from rosen saying he was misrepresented, saying increase in the tax burden on lower and middle income individuals is not required in order to make the overall plan revenue neutral. >> he would be the first to say this is not a monument to one man. >> under backdrop in california today, the president held an official event designating the chavez national monument that may help rally hispanic voters. new politico, george washington university battleground tracking poll of likely voters shows president may have an intensity problem. only 73% support him say they are extremely likely to vote compared to 86% who back romney. >> they know the race has tightened. >> bret: ed henry traveling with the president in california. ed thanks. >>> we are less than a month away from election day. much of the country is already taking part in early voting. we are taking our we
will see higher taxes if congress fails to renew tax cuts. that's all according to a new report from the tax policy center. the two major parties are split on exactly who should continue to have the reduced taxes. if a plan is not passed by the end of the year, the existing tax cuts will come to an end. as an example, a family earning $40,000 to $64,000 a year could see taxes go up as much as $2,000 by 2013. >>> american airlines has engineers in new york checking the seats of 8 boeing 757 jets. the inspections came after two incidents where rows of seats came loose from airplanes' floors. it happened yesterday on a flight from new york to miami and on saturday on a boston-to- miami flight that made an emergency landing in new york because of pilot concerns. >> we don't know what kind of turbulence we have. the seat is loose. we don't want that thing flying around and hurting the passengers behind them. >> both planes recently had maintenance work that involved removing the seats. the work was done at separate facilities and american says the problem could be the way the seats fit in
these tax breaks that they get, we are playing for these tax breaks. we need roads, police, et cetera, and as long as we allow them to pay 13% when they should be paying much more, they are taking health care away from children, that need -- the family can't take them to the doctor. they can't pay for utilities, et cetera, and so forth, and they need to understand, you know, once they get all of our money, they are going to destroy us. so they really need to change their attitude about what is going on here. >> stephanie: yep, i hear you honey. [♪ "world news tonight" theme ♪] >> stephanie: sometimes i'm distracted by headlines while i'm talking. michele bachmann, we must ban filafel in school lunches. >> scarborough: oh, sweet jesus! >> stephanie: she claims that that and other foods of that origin should be removed from school lunches. >> stephanie: she may be beaten this time. wow, you would finally be rid of that [ censor bleep ] and her big gay husband. >> i have just been told by kobe at current that the filafel story was a parody. >> stephanie: oh, okay.
economic theory of tax cuts for the rich, despite the fact he deny attend tax cuts, and the math. and let's go to war with sesame street but give wall street a big, wet, kiss, that is call what got us into this mess, we spent four years digging out of it. >>> meanwhile, gingrich saying the numbers were good for the president, but the overall picture is still gloomy. >> i think it was a significant help to the president. imagine coming out at 8.2 following the debate, i mean people would have entered the week saying it is close to the end. so it is part of the whole process, the campaign will go down to the end. it will be one of the most interesting campaigns in american history, i think you will see it go back and forth somewhat. on friday, the imf said probably no recovery until 2018. >> more reaction from them on the president's debate in just a moment. but first, here is the gallop daily tracking poll, mitt romney closing the gap on president obama, who still leads by three points, 49-46, and taking to the tv air waves, the romney camp claiming the president's plan will increase taxes
. >>> you've probably heard the warning that most americans could be in for a tax like come november. there is good news to report on that front. >> also ahead, customers of a d.c. food favorite paying a little bit more now. details on a food truck tax when we come back. too many americans are struggling to find work in today's economy. too many of those who are working are living paycheck to paycheck trying to make falling incomes meet rising prices for food and gas. more americans are living in poverty than when president obama took office and fifteen million more are on food stamps. president obama and i both care about poor and middle-class families. the difference is my policies will make things better for them. we shouldn't measure compassion by how many people are on welfare. we should measure compassion by how many people are able to get off welfare and get a good paying job. my plan will create twelve million new jobs over the next four years helping lift families out of poverty and strengthening the middle-class. i'm mitt romney and i approve this message because we can't a
over ten years. an overhaul of the tax code and changes to medicare and social security. several tax cuts could also end if the cliff is not avoided, meaning about $3,500 more in taxes for the average household. >>> american university is warning students to be on alert after a string of incidents where a man has groped students near campus. there have been four reported incidents in the last week. the most recent one happened sunday night on massachusetts avenue. police say the suspect comes up from behind, grabs girls inappropriately, and then runs away. >> i normally feel really safe around here. i'm not in the city or anything. that's a little bit terrifying. >> something's got to be done. i mean, it's definitely uncalled for and not okay. >> au sent an e-mail to students to alert them about the attacks. the university is asking the students to walk in groups and only in well-lit areas. >> 6:06 right now. today marks the tenth anniversary of the sniper killing spree. the first attack happened in a parking lot in wheaton, maryland. in all, ten people were killed, three others were
president give critics an opening when he talked about a tax hike. let's listen. >> you know the phrase they always use? obama and biden want to raise taxes by a trillion dollars. guess what? yes, we do, in one regard. we want to let that $1 trillion tax cut expire so the middle class doesn't have to bear the burden of all the money going to the super-wealthy. >> does the vice president's style create a risk for the democratic ticket? >> he does. you know, it's something that they've been watching with joe biden for years, but joe biden has been preparing for an entire week. by thursday when the debate happens, he will have spent almost a week at his home in wilmington preparing. and when he is prepared, he is much better in that he doesn't make those same gaffes. when he nose what it is that he needs to say and he's not going off the cuff in this style, he does better. >> on thursday, joe biden went aggressively after governor romney on taxes. let's take a look at that. >> you just never know what game or what position governor romney's going to come with. you know, the centerpiece of
romney's been running around the country for the last year promising $5 trillion in tax cuts that favor the wealthy, and yet the fellow on the stage last night who looked like mitt romney said he did not know anything about that. but i just want to make sure i got this straight. he'll get rid of regulations on wall street, but he's going to crack down on sesame street. thank goodness somebody's finally cracking down on big bird. who knew that he was responsible for all these deficits? >> mika, what were your thoughts about barack obama not being able to deliver a single line like that when he didn't have the teleprompter and yesterday reading what his staff wrote for him so effectively on that stage with 30,000 people. >> it bothered me. we watch this every day. it seemed like some people might have been screaming at the tv saying, why aren't you saying that right now to him? it seemed prepared. but maybe that's the strategy. it was not satisfying at all. >> you know, willie -- >> it's like they took a whole day to respond. >> he carries this around where people are waiting till the nex
of uncertainty in terms of tax and spending policy really in our history. >> reporter: his organization, the national retail federation, is forecasting a 4.1% gain. but the international council of shopping centers is more cautious, predicting an increase of less than 3%. shoppertrak and deloitte fall in the middle. some of the differences can be blamed on conflicting economic signs. higher home prices and stock prices are boosting consumer confidence. >> people are always looking for something to give them a real sort of positive outlook, something to make them feel better. shopping is pretty much one thing to make most people feel better if they can. >> reporter: but job growth is weak, and food and gasoline prices are rising. with so much uncertainty, you can expect to see lots of holiday promotions. but tv ads will come later. >> in normal years, we'd already start to see some holiday advertising taking place now. but because of the political elections that are coming up and the campaigns, there's virtually no airtime that retailers can afford to buy. >> reporter: but you can bet th
, heather. vice president biden was down in charlotte north carolina yesterday talking about tax policies and the differences between democrats and republicans when he came out and said the middle class has been buried since president obama took office. >> this is deadly ernst. how they can justify raising taxes to the middle class has been buried for the last 4 years. how in the lord's name can they justify it? >> now instead of focusing solely on tonight's denver the obama campaign is doing damage control even though the vice president changed had. some of the harm done once to the strong middle class republicans are taking the comments and running with it. >> vice president biden just today said that the middle class over the last four years have been quote buried. we agree. stop digging bile electing mitt romney the next president of the united states. >>> the obama campaign is calling that an out of context attack. the numbers they say mr. biden buried line including that that reflect high unemployment rising debt and smaller paychecks over the last four years. >> newt gingrich is ta
earnest. how they can justify, how they can justify raising taxes on the middle class that has been buried the last four years. >> vice president biden just today, said that the middle class over the last four years has been quote, buried. we agree. that means we need to stop digging by electing mitt romney the next president of the united states! [cheers and applause] gregg: republicans didn't waste anytime trying to utilize the biden remark, did they? >> we'll be hearing a lot about that over the next couple weeks. and i can assure you the white house wishes they could reverse time and get biden to say something, anything different from that. but you know, for those us in the press that is the nice thing about joe biden. he is always sort of ad-libbing and giving us great things to write about. gregg: that updates the biden gaffe clock that the rnc always run on their website. paul ryan seems to have recalculated the infamous 47% remark that, hess running mate uttered. take a listen to this. >> today, 70% of americans get more benefits from the federal government in dollar value than the
raising taxes on the middle class that's been buried the last four years. >> in the richest country in the history of the world this obama economy has crushed the middle class. >> reporter: romney's ad team quickly seized on the remarks churning out a web video. at an event in denver rubio piled on. >> those happen to be the words of the distinguished vice president of the united states mr. joe biden. no, don't boo. he's the best thing we got going, guys. don't boo. because in a moment of clarity, in a brief moment of clarity he just told us what we already knew. >> reporter: romney's aides say they expect the president to call on the gop nominee to offer specifics. >> we're going to limit deductions. >> reporter: but in an interview with the denver tv station, romney began to do just that. >> well, you could do something for instance as an option you could say everybody's going to get up to a $17,000 deduction. and you can use your charitable deduction or home mortgage deduction or others, health care deduction and you can fill that bucket. if you have a $17,000 bucket that way and
mate paul ryan would raise taxes on the middle class. >> how they can justify raising taxes on the middle class has been buried the last four years. >> of course the middle class has been buried. they're being bear rayed by regulations, by taxes, by borrowing. they're being buried by the obama administration's economic failures. >> vice president biden later tried to clarify his comments by saying the middle class was b e buried by policies mitt romney and paul ryan supported. you came watch the debate right here on nbc 4. live team coverage begins at 9:00 tonight. and that brings us to our poll question this morning. will you watch tonight's debate? let us know by taking the poll on the news 4 today facebook page. >>> this morning police are investigating a deadly stabbing. investigators say the man was stabbed afternoround 8:00 at 30 street and naylor road. the victim died. police shut down part of naylor road for a few hours to search for clues. investigators say they're looking for multiple suspects. police have not released a motive. >>> and parents in fairfax county a
to release his tax returns, saying that wasn't the issue that mattered the most. do you think the president is addressing the issues that are most important in this campaign? >> i think our president has done a fundamental -- a phenomenal job addressing those issues. let me correct. it was not meant to be a criticism. it was correcting all of us to make sure we stay focused on the message where the american people are. we want to hear about jobs. we want to hear about health care. we want to hear about those things that are really right in front of the american people today. the president certainly got on that stage in charlotte and did exactly what we all expected and knew he could do. that was to bring the issues right to the american people. >> let me ask but this group called mayors against illegal guns. you're out with a new ad featuring a survivor of the aurora movie theater shooting, asking candidates to address the issue of gun control at the debate. how likely do you think that is? how likely do you think this shooting, the shooting of a u.s. congresswoman, the subject comes up whe
. how they can justify -- how they can justify raising taxes to the middle class, who has been buried the last four years, how in lord's name can they justify raising their taxes with these tax cuts. >> dan, look, there is plenty of fodder for this debate without that. but since that is so 11th hour, is that expected to be played up heavily tonight? >> i don't think the obama campaign doesn't think this will be a distraction, but perhaps this will be something that governor mitt romney will jump on at some point during the debate. it is interesting, the vice president made those comments yesterday while campaigning in north carolina. and right after that, the romney campaign jumped all over those remarks. in fact, they put together a conference call to draw attention to that. the obama campaign fighting back saying that's an act of desperation and what the vice president was talking about is that there was this climate over the last four years that were created by decisions that were made in the previous administration. and so, again, they don't see it as a distraction, but i wouldn't
/ryan tax plan will raise taxes on middle-class families with a child, one or more children, by an additional $2,000 a year. how -- all kidding aside, with all the boos, look, guys, this is deadly earnest, man. this is deadly earnest! how they can justify, how they can justify raising taxes on the middle class that's been buried the last four years, how in lord's name can they justify? >> god bless him. >> mark mckinnon -- i love him. mike, we love him. we love him! has anybody not told him, they've been in the white house for the past four years? buried? the middle class has been buried over the past four years. >> joe, i am being deadly earnest now, man. deadly earnest. okay? on how anybody -- how anybody can attempt to bury the vice president is beyond me. >> i'm not trying to bury him. i got a good laugh out of it. mark mckinnon, you think we may hear the middle class has been buried over the past four years? >> 47%, especially tonight. >> and it's fresh. >> it's fresh, it's new, it's relevant. the one other thing i'd mention, joe, just look at the general mood of the co
expensive at dc's food trucks. the owners had always played a flat $1500 tax but now the city is implement can the sales tax act and food trucks are no longer immune from that. they have to charge 10% on every sale. the tax went into effect yesterday and while most customers were not happy about the extra fee, it didn't seem to impact the number of people lining up for food. >>> well the holiday sales forecast is out. it is not particularly encouraging news for retailers. the national retail federation says it expects sales during the winter holiday season to rise 4.1% this year. but that's a percentage point lower than growth in each of the past two years. in fact, it is the smallest increase since 2009. but still, it is some growth. >>> still ahead, a closer look at a hot button issue in maryland, on november's ballot. whether or not to expand gambling in the state. we will examine both sides of the question seven debate. >> clear to me, tony. >> and the celebrations be combin, that the nationals clinch their division. sports is next. >> and as we head to the break, a live look outside.
Search Results 0 to 49 of about 117 (some duplicates have been removed)